Shares of Ctrip.Com International Ltd (NASDAQ:CTRP) gapped up prior to trading on Tuesday . The stock had previously closed at $44.40, but opened at $44.75. Ctrip.Com International shares last traded at $44.10, with a volume of 4069600 shares trading hands.
Several brokerages recently weighed in on CTRP. Zacks Investment Research cut shares of Ctrip.Com International from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Cowen reaffirmed a “buy” rating and issued a $57.00 target price on shares of Ctrip.Com International in a report on Sunday, October 8th. TheStreet raised shares of Ctrip.Com International from a “c+” rating to a “b” rating in a report on Thursday, November 2nd. Barclays assumed coverage on shares of Ctrip.Com International in a report on Monday, October 9th. They set an “overweight” rating and a $62.00 price objective on the stock. Finally, BidaskClub raised shares of Ctrip.Com International from a “strong sell” rating to a “sell” rating in a report on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $56.33.
The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.51. The company has a market capitalization of $24,400.00, a PE ratio of 76.39 and a beta of 1.74.
About Ctrip.Com International
Ctrip.com International, Ltd. (Ctrip) is a travel service provider for accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. The Company aggregates hotel and transportation information to enable business and leisure travelers to make bookings. It helps leisure travelers book tour packages and guided tours, and helps corporate clients manage their travel requirements.
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